Resolve Sarawak oil through unity, fairness, says opposition leader

Free Malaysia Today

PN deputy chairman Hamzah Zainudin says Sarawak should negotiate directly with Petronas on commercial terms, but without undermining national unity.   Read More:  https://www.freemalaysiatoday.com/category/nation/2025/05/06/resolve-sarawak-oil-through-unity-fairness-says-opposition-leader   Laporan Lanjut:  https://www.freemalaysiatoday.com/category/bahasa/tempatan/2025/05/06/selesai-pertikaian-minyak-sarawak-menerusi-perpaduan-keadilan-kata-ketua-pembangkang   Free Malaysia Today is an independent, bi-lingual news portal with a focus on Malaysian current affairs.    Subscribe to our channel - http://bit.ly/2Qo08ry   ------------------------------------------------------------------------------------------------------------------------------------------------------  Check us out at https://www.freemalaysiatoday.com  Follow FMT on Facebook: https://bit.ly/49JJoo5  Follow FMT on Dailymotion: https://bit.ly/2WGITHM  Follow FMT on X: https://bit.ly/48zARSW  Follow FMT on Instagram: https://bit.ly/48Cq76h  Follow FMT on TikTok : https://bit.ly/3uKuQFp  Follow FMT Berita on TikTok: https://bit.ly/48vpnQG  Follow FMT Telegram - https://bit.ly/42VyzMX  Follow FMT LinkedIn - https://bit.ly/42YytEb  Follow FMT Lifestyle on Instagram: https://bit.ly/42WrsUj  Follow FMT on WhatsApp: https://bit.ly/49GMbxW  ------------------------------------------------------------------------------------------------------------------------------------------------------  Download FMT News App:  Google Play – http://bit.ly/2YSuV46  App Store – https://apple.co/2HNH7gZ  Huawei AppGallery - https://bit.ly/2D2OpNP   #FMTNews #HamzahZainudin #Sarawak #Petronas

Transcript

00:00Opposition leader Hamza Zainuddin has called for Sarawak's oil and gas demands

00:06to be addressed in a spirit of unity and fairness.

00:10Petronas is meant for the country.

00:15Sarawak is also part of Malaysia.

00:17Petronas is not only meant for Sarawak, Petronas is meant for the whole country.

00:20Then everyone should get a deal.

00:22That's how a country should look into it.

00:25The Perikatan National Deputy Chairman highlighted Petronas' stature as the only Malaysian company

00:31on the prestigious Fortune Global 500 list, adding that as part of the federation, Sarawak

00:37also benefits from the dividends Petronas pays to the country.

00:41While Hamza said Sarawak's claim for a higher royalty payment could be discussed, he cautioned

00:46against giving in to excessive demands, saying it could undermine national unity.

00:51There is no other companies in the whole world will come and say, okay, I'll give you

00:56a royalty of 40% of whatever reservoir that you have.

01:00I mean, that's not fair for that company.

01:05On Sarawak's push to control the gas aggregator role, Hamza said the real question to be asked

01:10is whether it allows for a viable business model.

01:13They can't ask for it.

01:15But the most important thing is it's not about the policy.

01:18It's about the business model so that everyone can have a fair share of the cake.

01:24So look a fair deal between the state and the company.

01:30And then on top of that, that company, Petronas, should look into the benefit for the whole

01:35country, which Sarawak is part of the issue.

01:38Hamza also called for the issue to be depoliticised, saying federal and state leaders should avoid

01:43framing the issue as a battle between Pucerjaya and Sarawak.

01:47He said the state should enter direct negotiations with Petronas as the company is best placed

01:52to determine a fair royalties formula given its access to all the necessary data and analysis.

01:58Natasha Beerst, FMT.

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